The Biotech Century Revisited: What Rifkin and Ridley Got Right—and Wrong
In August 2000, I reviewed two books on genetics and biotechnology: The Biotech Century by Jeremy Rifkin and Genome: The Autobiography of a Species in 23 Chapters by Matt Ridley . At the time, the Human Genome Project was nearing completion, CRISPR did not yet exist, and “biotech” still felt like a futuristic industry rather than a daily reality. A quarter century later, we can now evaluate these works not as speculation—but as forecasts. The result is fascinating: both authors were right in surprisingly deep ways, yet both also missed critical dynamics that define biotechnology today. 1. The Rise of Biotechnology: Rifkin Was Early—but Not Entirely Right Rifkin predicted that biotechnology would become the dominant economic force of the 21st century. Verdict: Partially correct. Biotech is undeniably central today: mRNA vaccines (e.g. COVID-19 response) Gene editing using CRISPR-Cas9 Synthetic biology startups Personalized medicine However, biotech did not replace the...